Resonac Holdings Corporation Unsponsored ADR (OTCMKTS:SHWDY – Get Free Report) shares dropped 14.4% during trading on Monday . The stock traded as low as $108.00 and last traded at $108.00. Approximately 540 shares changed hands during trading, a decline of 11% from the average daily volume of 609 shares. The stock had previously closed at $126.17.
Resonac Stock Down 5.4%
The company has a current ratio of 1.80, a quick ratio of 1.37 and a debt-to-equity ratio of 1.07. The business has a fifty day simple moving average of $78.97 and a two-hundred day simple moving average of $59.27. The company has a market cap of $19.06 billion, a PE ratio of 97.25 and a beta of 0.49.
About Resonac
Resonac Corporation (OTCMKTS: SHWDY), formerly known as Showa Denko K.K., is a diversified chemical manufacturer based in Tokyo, Japan. The company produces a broad range of industrial chemicals and performance materials that serve sectors including automotive, electronics, energy storage and environmental applications. Its product portfolio encompasses basic petrochemicals, polyolefins, functional chemicals, ceramic powders, aluminum specialty products and graphite electrodes for steel production.
Resonac maintains a strong presence in the electronics materials market through its supply of semiconductor‐grade silicon, silicon wafers, rare‐earth magnetic alloys and high‐purity gases and chemicals used in semiconductor fabrication.
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